Published: 2026-01-07T14:32:39.000Z
Chart AUD/USD Update: Extending April gains
1
Anticipated gains have reached historic congestion around 0.6750
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6900 | ** | break level | S1 | 0.6700 | * | congestion | |
| R3 | 0.6800 | ** | break level | S2 | 0.6650 | congestion | ||
| R2 | 0.6765~ | intraday high | S3 | 0.6600 | ** | congestion | ||
| R1 | 0.6750 | * | congestion | S4 | 0.6550 | * | congestion |
Asterisk denotes strength of level
14:20 GMT - Anticipated gains have reached historic congestion around 0.6750, with prices extending to post a fresh 2026 year high around 0.6765, before settling lower. Intraday studies are under pressure, highlighting room for a test of congestion support at 0.6700. But rising daily and weekly charts should limit prompt renewed buying interest around here. A break, if seen, is expected to be limited in renewed buying interest towards 0.6650. Following cautious trade, fresh gains are looked for. A break above 0.6750 will improve sentiment and extend April gains towards 0.6800.